John P. Imlay, Jr., and John A. Williams also own a small portion of the franchise.

“I have no intention of selling the club or even a controlling interest in the club,” Blank said in a statement released by the team. “This decision is driven primarily by my charitable and estate planning goals and by the value that can be added to the franchise by partnering with minority owners of this caliber.”

With many NFL franchises believed to be worth $1 billion or more, a sale of only five percent of the team would raise more than $50 million for Blank.

5 responses to “Blank sells a sliver of the Falcons”

“I have no intention of selling the club or even a controlling interest in the club,” Blank said in a statement released by the team. “This decision is driven primarily by my charitable and estate planning goals and by the value that can be added to the franchise by partnering with minority owners of this caliber.”
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Plus, sales at Home Depot are down.